Liquid's Attackers Called Themselves White Hats, Ledger's CTO Isn't Buying It
Ledger’s Chief Technology Officer has questioned the white hat label attached to the $320 million taken from Liquid Network. He stopped short of calling it a theft. Liquid described the parties as purported white hat hackers, and Blockstream is trying to reach them on-chain. Liquid Network Freezes Its Bridge as Self-Proclaimed White Hats Take 4,000 The post Liquid's Attackers Called Themselves White Hats, Ledger's CTO Isn't Buying It appeared first on BeInCrypto.
Key Takeaways
- Ledger’s Chief Technology Officer has questioned the white hat label attached to the $320 million taken from Liquid Network.
- He stopped short of calling it a theft.
- Liquid described the parties as purported white hat hackers, and Blockstream is trying to reach them on-chain.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security
Blockstream Hunts ‘White Hats’ After 4,000 BTC Leaves Liquid
The layer two (L2) sidechain known as the Liquid Network paused on Sunday following a so-called white hacker exploiting a bug in Blockstream’s Elements software, according to the X account Sideswap (Blockstream’s atomic-swap marketplace). 4,000 BTC Exit…
Weekly Crypto Recap: Bitcoin Rises as ZEC Deliver Strong Gains
The crypto economy gained 2% over the first week of September, peaking at $2.82 trillion before a pullback brought aggregate capitalization back under $2.8 trillion. Zcash (ZEC) led the market with a nearly 40% jump, breaching $1,200 for the first time since…
Liquid Network pauses after purported ‘white-hat’ hackers withdraw $320 million in bitcoin
The Bitcoin sidechain has been paused, with exchanges suspending LBTC deposits and withdrawals as Blockstream works to contact those responsible.